Fiduciary capacity

Fiduciary capacity includes trustee, executor, administrator, registrar, transfer agent, guardian, assignee, receiver, managing agent, and any other similar capacity involving the sole or shared exercise of discretion by a financial institution having fiduciary powers that is supervised by a Federal or state financial institution regulatory agency;

Source

17 CFR § 400.3

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Scoping language

Unless otherwise explicitly provided, in this subchapter and for the purposes of these regulations:

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